Financial attaches of EU member states discuss Bulgaria’s capital market and economy in Sofia

The informal meeting of the financial attaches of the EU Member States, which was held in Sofia within the calendar of events hosted by the Ministry of Finance during the Bulgarian Presidency of the Council of the EU, took place among constructive discussions on the topics of the capital market and Bulgaria’s economy.

The meeting was also attended by experts from the Ministry of Finance and the Bulgarian Stock Exchange. The country’s recent economic development and expected medium-term trends were presented. The long-term challenges for Bulgaria’s economy related mainly to the demographic factor and the ageing of the population were outlined. Attention was also paid to the structural characteristics of the Bulgarian economy and how the financial markets can meet its growing needs. The meeting discussed the measures required at national level to implement effectively the plan establishing the Capital Markets Union as part of the project on deepening of the Economic and Monetary Union of the EU.